Iraq News - Local News - Baghdadpost

23% of adult Iraqis deal with banks: IPBL

2201914101321598458121

Iraq Private Banks League announced a rise in the number of banking customers to about 23 percent of adults in Iraq compared to only 11 percent in 2014 as a result of increased confidence between citizens and the banking sector.

"The relationship between the citizen and the banking sector has begun to improve very significantly during the current stage," said Ali Tareq, executive director of the Iraqi Private Banks League.

Tareq referred to the support provided by the Central Bank of Iraq to the banking sector, the openness of Iraq to foreign trade, and the procedures taken by the Central Bank to fight money laundering and terrorism financing.

 

Last Modified: Wednesday، 08 May 2019 02:35 AM
Read
Comments